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JUNE 2023 MANUFACTURING ACTIVITY
June manufacturing PMI hits 3-month low on weak export & biz ordersThe HSBC Purchasing Managers Index (PMI) compiled by S&P Global fell to 54.2 in June from 55 in May. It stood at 58.4 in June 2025.- US manufacturing activity eases in June; prices paid by factories remain elevatedUS manufacturing activity saw a slight dip in June, following a robust May. While expansion continues for the sixth month, the pace has mod...
- US private sector job growth misses expectations in June: ADPUS private sector job growth in June fell short of expectations, adding only 98,000 positions. This marks a slowdown from May's figures, wi...
- Hyundai Motor India posts June sales of 51,335 units despite supplier fire disruptionHyundai Motor India achieved total sales of 51,335 units in June 2026, despite a significant production disruption. A fire at a supplier's ...
- Industrial output outlook hinges on monsoon progress; coal stocks, exports may cushion weather risks: ReportAdverse weather could impact mining, but higher coal stocks and improved petroleum exports are expected to cushion the blow, supporting man...
- India's June factory growth slips to second-weakest since mid-2022 as demand softens, PMI showsIndia's manufacturing sector experienced its second-slowest growth in four years during June, primarily due to a slowdown in demand for goo...
- Global AI wave revs up Asian factories, offsetting war-induced painAsia's manufacturing sector experienced a significant boost in June, driven by robust demand for AI-related technology goods. This surge pr...
- Dragon trails on AI bullet train as stocks shed most since 2001Chinese stocks are experiencing a significant downturn in 2026, with the MSCI China Index plummeting 15%, marking its worst performance glo...
- India's manufacturing growth expected to moderate in April-June due to West Asia crisis: FICCIIndian manufacturing growth is set to slow in the first quarter of FY27, with a FICCI survey revealing muted business sentiment. This moder...
- Voltas gears up to start AC exports to tap growing demand in Europe, Middle EastVoltas, India's leading air-conditioner maker, is set to expand its global footprint by exporting to Europe and the Middle East, leveraging...
- Manufacturing growth seen moderating in Q1 as West Asia crisis weighs on sentiment: FICCIIndia's manufacturing sector anticipates a slowdown in April-June FY27, influenced by West Asia tensions impacting business confidence. Des...
- Home sales fall to three-year low in June quarterHome sales experienced a notable dip in the June quarter, marking the slowest performance since early 2023. Persistent global uncertainties...
- DPIIT issues guidelines to operationalise transition facilitation order for quality certificationNew guidelines from DPIIT now offer companies an alternative pathway for product quality certification under ten selected Quality Control O...
- India's industrial output quickens to 5.1% in May from 4.9% in April as manufacturing, electricity drive growthIndia's industrial production surged by 5.1% in May 2026, largely propelled by strong manufacturing activity despite a decrease in mining o...
- On This Day in History, June 27: World's first ATM installed, Peter the Great wins at Poltava, Atari founded, Djibouti gains independence, first colour TV demo and moreOn This Day in History, June 27, history spans military victories, political change, scientific innovation and technological breakthroughs....
- Bajaj Auto cyber security incident: Co says key biz functions like manufacturing operating normallyBajaj Auto confirmed on Friday that its manufacturing, sales, and service operations are functioning as usual following a cybersecurity inc...
- On This Day in History, June 26: UN Charter signed, Indira Gandhi declares Emergency, Harry Potter debuts, Corvette day, Sher Shah Suri wins against Mughals and moreOn This Day in History, June 26 saw the signing of the United Nations Charter, Richard III's rise to the English throne, India's declaratio...
- India's private sector growth slows to three-month low in June as demand weakens, costs rise: HSBC PMIIndia's private sector experienced a slowdown in June, reaching a three-month low as rising costs and softening demand impacted business. T...
- US manufacturing soars on front-loading of orders; factory employment tanks to six-year lowUS manufacturing activity surged in June as businesses stocked up anticipating shortages and price hikes, driven by Middle East conflict im...
- India's June private sector growth slips to three-month low as demand, confidence cool, PMI showsIndia's private sector growth slowed in June, hitting a three-month low as weaker demand impacted both factories and services. Business con...
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